Wells Fargo & (WFC) Return on Equity (ROE)
Market Cap: $220.89B
Avg Volume: 17.19M
Industry: Banks - Diversified
Sector: Financial Services
Return on Equity (ROE) Summary
Wells Fargo &'s ROE measures the return generated on shareholders' equity:
- Annual: 10.31%
- Quarterly: 2.79%
- TTM: 9.96%
What is Return on Equity (ROE)?
Return on Equity measures a company's ability to generate profits from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits. A higher ROE generally reflects well on the company’s management and its ability to generate profits without needing as much capital.
Related Metrics
Other important metrics to assess Wells Fargo &'s profitability include:
- ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
- Annual: 4.70%
- Quarterly: 1.27%
- TTM: 4.35%
- ROA (Return on Assets) - measures the return generated on the company's assets:
- Annual: 0.99%
- Quarterly: 0.27%
- TTM: 0.94%
- Profit Margin - indicates the profitability of the company relative to its revenue:
- Annual: 23.18%
- Quarterly: 26.50%
- TTM: 22.24%
These metrics provide insights into Wells Fargo &'s profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual ROE
10.31%
Quarterly ROE
2.79%
TTM ROE
9.96%
Wells Fargo & Historical ROE
Historical ROIC
Historical ROA
Wells Fargo & Historical Profitability Metrics
The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | ROE | ROIC | ROA | Profit Margin |
|---|---|---|---|---|
| 2023 | 10.31% | 4.70% | 0.99% | 23.18% |
| 2022 | 7.60% | 3.17% | 0.73% | 18.54% |
| 2021 | 11.78% | 6.08% | 1.13% | 28.17% |
| 2020 | 0.97% | 0.48% | 0.09% | 2.47% |
| 2019 | 10.53% | 3.89% | 1.02% | 23.18% |
| 2018 | 11.42% | 4.31% | 1.18% | 25.92% |
| 2017 | 10.72% | 5.48% | 1.14% | 25.46% |
| 2016 | 10.99% | 4.29% | 1.14% | 25.10% |
| 2015 | 11.85% | 5.06% | 1.28% | 27.31% |
| 2014 | 12.50% | 5.84% | 1.37% | 28.13% |